DBRS Releases Report on SNC-Lavalin

DBRS has today released a report on SNC-Lavalin Group Inc. (the Company) that provides further detail on the recent trend change to Positive.

The rating action recognizes the Company’s improving business risk profile and ongoing solid financial profile. Its growing Services and Operations and Maintenance businesses, which are more stable, have helped to lessen the influence of the more risky Packages business and lower the Company’s overall business risk. The rating will likely be upgraded a notch if (1) SNC can weather the current challenging market conditions, especially the turmoil in North Africa, and maintain its solid financial profile, and (2) the Company can also demonstrate that the current business mix, with steady-to-diminishing influence of its Packages business, is sustainable.

To obtain a copy of the report or the September 1, 2011, press release, please see the links under Related Research.